Home » Cases » JENINGTON INTERNATIONAL INC – V – ASSAUBAYEV [2010] EWHC 2351 (Ch)

JENINGTON INTERNATIONAL INC – V – ASSAUBAYEV [2010] EWHC 2351 (Ch)

PCB acted for the claimants in a US$500m claim alleging deceit, conspiracy and breach of fiduciary duty against the former directors and shareholders of a gold mining company. Freezing orders were obtained at the outset in England, BVI, Jersey and Guernsey and Search Orders were granted in respect of 3 premises. There followed extensive interim applications, including in respect of the adequacy of the defendants’ asset disclosure. Despite the defendants spending over £1m in legal fees on the asset disclosure exercise, the Court was persuaded by PCB that there remained questions to be asked and cross-examination of two of the defendants was the appropriate course.